Egypt: The increase in the price of local and imported beans, and it is not expected to decrease in Ramadan

게시됨 2022년 3월 9일

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The article highlights the significant rise in bean prices in Egypt, with local beans priced at 9,000 pounds per ton and imported beans at 10,000 pounds per ton. The price per kilo in the local market ranges from 16 to 20 pounds, and the price of local fava beans has increased by 1,000 to 2,000 pounds per ton, selling for 18 to 20 pounds per kilo. The Deputy Head of the Agricultural Crops Division in the Chamber of Commerce in Cairo, Obour Faraj Al-Attar, confirmed that bean prices are expected to remain high during Ramadan due to increased consumption and a supply that cannot meet demand. The article also mentions that the price of fava beans has been stable for two years and that the majority of consumption is imported from countries such as Canada, Lithuania, and Australia.

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Obour Faraj Al-Attar, Deputy Head of the Agricultural Crops Division in the Chamber of Commerce in Cairo, confirmed the high price of beans in Egypt, relative to the imported and local ton, at a rate of 1,000 pounds per ton. Al-Attar said that the price of a ton of imported beans is 10 thousand pounds, yet there is still beans in the local market at a price of 9 pounds, and it is offered in local markets to consumers at approximately 16 pounds per kilo. The deputy of the Agricultural Crops Division added that the price of a ton of local fava beans is from 14.5 thousand pounds, an increase from one thousand to two thousand pounds per ton, and it is put in the local markets from 18 to 20 pounds per kilo. Al-Attar said that there is no question of a decrease in the price of beans in Egypt during the month of Ramadan, and we hope for stability, even if there is a slight increase; This is due to the increase in the volume of consumption of beans by 40-50% during the month of Ramadan ...

출처: Almalnews